
Industry - Global Industry Forecasts - Engineering and metal goods
Description
Industry - Global Industry Forecasts - Engineering and metal goods
Our forecast for global engineering and metal goods output has come down relative to our last forecast update: we now expect global growth of 1.5%, down from 2.2% previously. While our forecast has edged down for advanced economies the bigger contributor to the downgrade is lower-than-expected growth in emerging markets, particularly China, Eastern Europe, and Brazil.
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